Malaysia

Megasteel Sdn. Bhd.

An EMIS Company Report EMIS is a Euromoney Institutional Investor plc company USD 29.95 Industry: Iron and Steel Mills and Ferroalloy Manufacturing Available in: English Format: PDF Download Most recent financial data: 2015 Buy full report

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Contact Information

Headquarters
Level 14, Lion Office Tower,No. 1, Jalan Nagasari,
Kuala Lumpur; Federal Territories; Map
Postal Code: 50200

Company Description
Megasteel Sdn. Bhd. manufactures basic iron and steel products. The Company ("Megasteel"), a member of The Lion Group, is the first integrated steel mill in Malaysia to produce flat steel products, including hot rolled coils and cold rolled coils. The Company also produces hot rolled coils, pickled and oiled. The Megasteel mill is fully automated using state-of-the-art direct current Electric Arc Furnace-Compact Strip Production (EAF-CSP) process which incorporates the 'Thin Slab Casting' technology developed by SMS of Germany. CSP - Thin Slab Casting technology is recognised worldwide as the technology to produce flat steel with an energy savings technology. More importantly, Megasteel is more environment-friendly as it recycles steel scrap and uses the clean raw material, Hot Briquetted Iron (HBI) in its EAF process. Megasteel is the only steel mill in the country to use this advanced CSP technology. Megasteel also produces hot rolled coils, picked and oiled. The Company was incorporated in 1989 and is based in Banting.
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